# Australia’s wheat crop expected to fall

> Australian Crop Forecasters estimate 2017-18 wheat production at 25.6 million tonnes, down about 24% from 33.6 million tonnes in 2016-17 and near the 10-year average of 22 million. Dry summer conditions in the southeast are weighing on confidence, while Western and South Australia benefited from above-average rain.

- Date: 2017-04-18 · published 2017-04-18T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/71460-australia-s-wheat-crop-expected-to-fall
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A sharp expected drop in Australian wheat supply could tighten export availability and support wheat prices, though strong global stocks limit the upside.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-02-23 | [El Niño expected to bring “normal” wheat crop in Australia - Fastmarkets](https://feedsoft.ai/events/37301-el-nino-expected-to-bring-normal-wheat-crop-in-australia-fastmarkets.md) | -3.0% | -8.7% |
| WHEAT | 2019-02-19 | [Australian wheat crop falls to an 11-year low \| SA](https://feedsoft.ai/events/60575-australian-wheat-crop-falls-to-an-11-year-low-sa.md) | -3.8% | -0.5% |
| WHEAT | 2022-07-28 | [How big will Western Australia's wheat crop be? - Grain Price News](https://feedsoft.ai/events/40444-how-big-will-western-australia-s-wheat-crop-be-grain-price-news.md) | +4.6% | +0.7% |
| WHEAT | 2022-11-03 | [Waterlogged Australian wheat crop faces extensive quality downgrades](https://feedsoft.ai/events/7286-waterlogged-australian-wheat-crop-faces-extensive-quality-downgrades.md) | +7.2% | +8.5% |
| WHEAT | 2023-08-30 | [Australian wheat prices improve as expected production declines. \| Farm Weekly \| WA](https://feedsoft.ai/events/34522-australian-wheat-prices-improve-as-expected-production-declines-farm-weekly-wa.md) | +0.2% | +1.5% |

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/australias-wheat-crop-expected-to-fall/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.